£554,539
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
1 Lower Road, Loughton, IG10 2RS
Phone: 02081152359
Price Paid | Date |
---|---|
£450,000 | 12 Oct 2018 |
£240,000 | 6 Oct 2006 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £450,000 results in an estimated price of approximately £554,539.
12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £450,000 | £104,539 | £554,539 |
The Postcode Pricing Model uses changes in average sales price within the IG10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -16.874 % | £-75,933 | £374,066 |
3 Month Average | -13.388 % | £-60,246 | £389,753 |
6 Month Average | -5.754 % | £-25,891 | £424,108 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £460,558 | £452,500 | 67 ENGLANDS LANE |
24 Aug 2023 | £408,574 | £405,000 | 40 LOWER ROAD |
23 Jan 2023 | £303,570 | £305,000 | 6 FORESTERS COURT THE CROFT |
19 Jan 2023 | £298,593 | £300,000 | 3 FORESTERS COURT THE CROFT |
25 Jul 2022 | £481,296 | £480,000 | 26 LOWER ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 3 Aug 2016. Using an estimated price of £554,539 means this house is valued at £6,161 per sq meter (£572 per sq foot).
The average size of a house on THE SEYMOURS is 132 sq meters (1,424 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldings Road |
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Rectory Court |
Mar 2024 | Anti-social behaviour | On or near The Croft | |
Mar 2024 | Vehicle crime | Under investigation | On or near The Croft |